Economy, asked by shubhamba76, 9 months ago

write down the ways of increasing G.D.P ?​

Answers

Answered by dshkkooner1122
3

To increase economic growth

Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment.

Increased real wages – if nominal To increase economic growth

Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment.

Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend.

Higher global growth – leading to increased export spending.

More items...•

Similar questions